Medical Office and Flex
For Sale
Contact for pricing
1001 E Palmdale, Tucson, AZ 85706
For sale mixed-use medical office and flex space option at 1001 E Palmdale in Tucson.
Property Size8,000 SF
Price / SF$162.50
Days on Market140
Property Features for 1001 E Palmdale
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Office, Industrial
Zoning
I-1
Lease Type
NNN
Site & Location
Neighborhood
Bravo Park Lane
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Larsen Baker, LLC
Listed By:
Isaac Figueroa, CCIM, SIOR · License #AZ BR645511000
Source:
Crexi
Added: Jun 6
Changed: Oct 9
Last Checked: Oct 23 at 5:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Larsen Baker, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a mixed-use facility designed to support medical office and flex space needs, offering approximately 8,000 square feet of usable area. The listing is categorized across medical centers, healthcare properties, flex space, and office space, making it a straightforward fit for operators looking for a combination of professional and adaptable space.
The asset is located at 1001 E Palmdale, Tucson, AZ 85706. As presented, the marketing focuses on the property’s healthcare and flexible workspace configuration, without additional specifics on unit mix, suite layout, or on-site amenities.
For buyers and tenant prospects, the appeal is the dual nature of the offering within the medical and flex/office categories. Prospective users should evaluate how the existing improvements and space layout align with their operational requirements, including the balance between clinical or professional use and any flexible support space needed for day-to-day business activities. Since the provided information does not include details on specific building improvements beyond its overall configuration, confirm current conditions and suitability during due diligence.
The asset is located at 1001 E Palmdale, Tucson, AZ 85706. As presented, the marketing focuses on the property’s healthcare and flexible workspace configuration, without additional specifics on unit mix, suite layout, or on-site amenities.
For buyers and tenant prospects, the appeal is the dual nature of the offering within the medical and flex/office categories. Prospective users should evaluate how the existing improvements and space layout align with their operational requirements, including the balance between clinical or professional use and any flexible support space needed for day-to-day business activities. Since the provided information does not include details on specific building improvements beyond its overall configuration, confirm current conditions and suitability during due diligence.
Key Highlights
- For sale mixed‑use medical office and flex space at 1001 E Palmdale, Tucson, AZ 85706
- Medical office and flex space option at 1001 E Palmdale in Tucson
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,712
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,240
$1.8M
Cap Rate 7%
$1,281,600
$1.3M
Cap Rate 9%
$996,800
$996.8K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$168.0K $21.00/SF
− Vacancy
−$18.5K −$2.31/SF
EGI
$149.5K $18.69/SF
− OpEx
−$59.8K −$7.48/SF
NOI
$89.7K $11.21/SF
Area
ZIP 85706
Vacancy
11.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,240
Cap Rate 7%
$1,281,600
Cap Rate 9%
$996,800
Alternative Uses
Best Use
Healthcare Medical
$1.28M
$1.12M – $1.50M
NOI $89,712 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,795 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,237
Businesses Nearby
Explore this area
Business Placement
Demographics for 85706, AZ
54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Medical center - For sale mixed-use medical office and flex space option at 1001 E Palmdale in Tucson.
Where is this medical center located?
The property is located at 1001 E Palmdale Tucson, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: For sale mixed‑use medical office and flex space at 1001 E Palmdale, Tucson, AZ 85706; Medical office and flex space option at 1001 E Palmdale in Tucson
